Salus founder: Chinese law enforcement agencies have solved 3 cases of money laundering using HyperLiquid, with a strategy structure highly similar to James Wynn's operational path

ChainCatcher news, Salus founder Mirror Tang (@mirrorzk) stated on social media that since March of this year, Chinese law enforcement agencies have cracked three cases of cryptocurrency money laundering using HyperLiquid. The method involves leveraging Hyperliquid's high leverage liquidation mechanism to wash away illegal gains, creating liquidation losses on HyperLiquid while simultaneously profiting from reverse positions on centralized trading platforms, completing the money laundering process. Salus will release a research article in collaboration with law enforcement agencies to officially disclose this information in the future.

Mirror Tang also pointed out that this strategy structure is highly similar to the recent operations of the whale James Wynn, who opened high-leverage contracts and ultimately withdrew $100 million in profits. Mirror Tang urged Hyperliquid co-founder Jeff to pay attention to this issue, stating that if the current lack of risk control measures cannot be resolved, there will be a high risk of regulatory intervention.